Physiomics Regulatory News (PYC)

Physiomics plc

(the "Company")

Update: Joint services alliance with Jubilant Biosys

Physiomics (AIM: PYC), the Oxford, UK based systems biology company, is pleased to announce that it is continuing to progress its Joint Services Alliance with Jubilant Biosys Limited ("Jublilant").

Further to the announcement of 22 September 2010, Physiomics can confirm that the experimental phase of the collaboration has been completed. The Company and Jubilant have now agreed to commence commercial discussions and sign a legally binding Alliance Agreement.

A further announcement will be made if an agreement is executed.

Physiomics can also confirm that the Company's interim statement will be released in the next few days.

Physiomics plc

Dr Mark Chadwick, CEO 

+44 (0)1865 784985

WH Ireland Limited

Katy Mitchell

+44 (0) 161 832 2174